Arizona Automotive Recycler Bond

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How much will my automotive recycler bond cost?

The Arizona Department of Transportation requires automotive recyclers to post a $20,000 bond to ensure that they follow all rules and regulations stated in the Arizona Revised Statutes. The cost of an Arizona automotive recycler surety bond is based on the applicant’s financial credentials.

With excellent credit, recyclers can expect to pay as little as 1% of the bond amount, or just $200! SuretyBonds.com offers an exclusive bad credit bonding program that allows us to approve 99% of applicants!

*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Why do I need this bond?

Arizona automotive recycler surety bonds ensure that principals (automotive recyclers) follow all rules, laws and regulations found in the Arizona Revised Statutes, Title 28, Chapter 10. Some violations of these provisions include:

falsely advertising services or rates

failing to keep up-to-date records

having no established place of business

knowingly dealing with stolen vehicles or parts

Before being bonded, our experts suggest reading through this particular title of the Arizona Revised Statutes to fully understand the responsibilities that come with posting this bond.

If you have any questions, just give us a call at 1 (800) 308-4358 and ask one of our experts! Or, fill out our online bond request form, and you’ll be contacted right away by an automotive recycler bond specialist who will walk you through the application process.

What’s the fine print?

Arizona automotive recycler surety bonds are continuous until canceled, and 60 days notice prior to termination must be given to the obligee by the surety underwriting company.

When filling out the bond form, it is important to know the county of the principal. This bond uses the same surety bond form as Arizona wholesale auto dealer bonds, so be sure to mark the correct license on the form. If you want to apply for more than one business license, multiple bonds must be posted.

How to become an automotive recycler in Arizona

Automotive recyclers in Arizona must be licensed to legally operate their businesses. The following materials must be submitted with the license application: